403 Mt Vernon Street Detroit, MI $ 350,000
403 Mt Vernon Street
$ 350,000
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403 Mt Vernon Street

Detroit, MI, 48202
$ 350,000
Baths2.0 Sq 1,853

Monthly Estimate*

$ 2,184

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Studio

Multi-Family Home for sale in Detroit, MI

for $350,000 with 2 full baths. This 1,853 square foot home was built in 1915 on a lot size of 0.24.

Turnkey 2-unit property located at 415 Mt Vernon in Detroit’s rapidly developing North End. Each unit features 2 bedrooms and 1 full bath, fully renovated with updated roof, windows, electrical, plumbing, furnace, water heater, and fresh exterior paint. The home sits on a fully fenced double lot, with 403 and 407 Mt Vernon included in the sale perfect for added outdoor space, parking, or future development. A new Back porch adds charm, and gated off-street parking is available. Long-term tenants in place generating steady income. Do not disturb tenants. Showings will be scheduled only after an accepted offer. Located near the Q-Line, Fisher Building, and just minutes from New Center, Midtown, and Downtown. Some of the photos are prior to leasing. BATVAI

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Multi-Family Pending

Price

$ 350,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 34

Style

Colonial

Lot Size

0.24

Year Built

1915

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251009087

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession SubjectToTenantRights
Garage Spaces 0.0
Architectural Style Colonial
Pool Features None
Construction Materials WoodSiding
Pets Allowed Yes
Year Built 1915
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 23700.0
Operating Expense 4500.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name KOCHS SUB
Garage Y/N N
Full Baths 2
Status Pending
Directions Corner of Mt. Vernon and Brush
City DetroitCity_Wayne
Disclosures ActualIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description Residential
Number Of Units Total 2
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 34.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20251009087
Standard Status Pending
Occupancy Type Tenant
Tax Assessed Value 400
Expected Active Date 2025-06-17
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2021. N MT VERNON 112KOCHS SUB L8 P14 PLATS WCR 1/108 33.3 X 110
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1853.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Fencing Fenced
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 99.9X110
Lot Size Acres 0.24
Waterfront Y/N N
Road Frontage Type Alley Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 403
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* Excluded Features
List By
Alan Davidov

Listing Agent

Kw Domain

Broker

(313) 404-7653

Phone

Affordability Calculator

$2,186
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,184
Monthly Property Taxes
$3
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/17/2025$350,000 Listed Price

Map


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403 Mt Vernon Street, Detroit, MI, 48202 is a Multi-Family Home for sale at $350,000 with 1,853 sqft and a lot size of 0.24. 403 Mt Vernon Street is a studio with 2.0 baths and was built in 1915. The property's zip code is 48202 which is in Detroit, MI